You have been identified as a borrower who was erroneously not offered a trial loan modification by Wells Fargo and whose home was not foreclosed on by Wells Fargo.
The Court has approved and authorized the sending of a notice to you because you have a right to know about the proposed settlement of a class action lawsuit, and about your options, before the Court decided to approve the settlement. The Court has approved the settlement; however, it isn’t until after objections and any appeals are resolved that an administrator appointed by the Court will make the payments that the settlement allows. You will be informed of the progress on this website.
The notice explains the lawsuit, the settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them.
The Court in charge of the case is the United States District Court for the Southern District of Ohio, and the case is known as Ryder et al. v. Wells Fargo Bank, Case No. 1:19-cv-638. The people who sued are called Plaintiffs, and the company they sued, Wells Fargo, is called the Defendant. U.S. District Judge Timothy Black is in charge of this class action.